Tag: secondary steel hub updates

India: BigMint’s ferrous scrap index inches up amid tight supply

Apr 29, 2026

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by

Tarun Naidu

in Melting Scrap

Weak semis, finished steel demand limits upside Labour shortages, logistics issues impact mill operations BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/t d-o-d to INR 39,000/tonne (t) DAP on 29 April 2026. Scrap prices in Mandi rose by INR 100-200/t d-o-d due to tight availability. Mandi Gobindgarh, a primary…